On July 10, Laifual Drive fell 5.96% in regular trading, trading at 102.0 HKD/share, with turnover of approximately 81.96 million HKD. The stock has now declined for three consecutive trading days following a nearly 70% cumulative surge over the prior three sessions, during which it touched an all-time high of 119.6 HKD on July 7.
The continued retreat reflects profit-taking pressure after rapid gains driven by Unitree Technology's A-share IPO registration taking effect, which had been perceived as a landmark catalyst for the humanoid robot supply chain. With the initial euphoria now fully digested, selling by short-term holders has intensified.
Laifual Drive listed on the Hong Kong Stock Exchange on June 30, ranking second among China's robot harmonic reducer suppliers by shipment volume with a 21.4% market share. The company is one of only two domestic manufacturers that have achieved mass production delivery of harmonic reducers for humanoid robots.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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